Laffan Software Ltd Annual Report and Financials

Particulars

2023

2022

Assets

Non-Current Assets

Financial Assets

i) Investments

369.62

371.74

Other Non-Current Assets

1.02

1.02

Total Non-Current Assets

370.64

372.76

Current Assets

Inventories

1,828.12

1,839.08

Financial Assets

i) Trade Receivables

4.40

4.40

ii) Cash and Cash Equivalents

12.29

5.76

Other Current Assets

51.90

51.90

Total Current Assets

1,896.71

1,901.14

Total Assets

2,267.35

2,273.90

EQUITY & LIABILITIES

EQUITY 

Share Capital

1,522.17

1,522.17

Other Equity

745.11

751.46

Total Equity

2,267.28

2,273.63

LIABILITIES

Current Liabilities

ii) Other Liabilities

0.08

0.28

Total Current Liabilities

0.08

0.28

Particulars

2023

2022

Income

Revenue from Operations

10.99

2.86

Other Income

5.12

4.20

Total Revenue

16.11

7.06

Expenditure

Changes in Inventories of Finished Goods

10.96

2.86

Employee Benefits Expense

3.59

3.58

Other Expenses

5.79

4.44

Total Expenses

20.33

10.88

Profit before Exceptional Items and Tax

(4.23)

(3.82)

Profit/ (Loss) Before Tax

(4.23)

(3.82)

Tax Expense :

Profit / (Loss) for the year

(4.23)

(3.82)

Other Comprehensive Income

i).Items that will not be reclassified to profit or loss-Actuarial (Loss)/Gain

(2.12)

(3.86)

Other Comprehensive Income

(2.12)

(3.86)

Total Comprehensive Income for the Year

(6.35)

(7.68)

Particulars

2023

2022

A. Cash Flow from Operating Activities

Net Profit/(Loss) before tax

(4.23)

(3.82)

Adjustments for:

Operating Profit before Working Capital Changes

(4.23)

(3.82)

Adjustment for :

Change in Inventory

10.96

2.86

Change in current assets

1.00

Change in Current Liabilities

(0.20)

2.00

10.76

4.06

Cash Generated from Operations

6.53

0.24

Adjustment for :-

Net Cash from Operating Activities [A]

6.53

0.24

Net Increase in Cash & Cash equivalents[A+B+C]

6.53

0.24

Cash & Cash equivalents as at (Opening Balance)

5.76

5.52

Cash & Cash equivalents as at (Closing Balance)

12.29

5.76